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Georgian Strife Sends Oil Prices Up
Oil prices shot up more than five dollars in New York trading Thursday. Analysts said the increase was due to worries about Russia and its growing confrontation with the West.
NPR Friday, August 22, 2008

Slow Times Still Good Times For Reusable Bags
Despite the slow U.S. economy, consumers are putting their cash into all things green. New York-based Eco-Bags makes reusable shopping bags. Sales doubled last year; they're set to do so again this year. One small company is profiting from America's growing distaste for the plastic bag.
NPR Friday, August 22, 2008

Olympics Are Ratings Bonanza for Chinese TV
The broadcast of the Beijing Olympic Games has been a boon for China Central Television, one of the chief propaganda arms of the state and perhaps a new global media titan.
The New York Times Friday, August 22, 2008

UK economic growth ground to a halt in Q2
British economic growth ground to a halt between April and June, ending more than 15 years of continuous expansion, the government said Friday, as many fear the country is headed for recession. The growth figure of 0.0 percent is below even the modest 0.2...
San Francisco Chronicle Friday, August 22, 2008

Supermarket chain offloads 13 branches of 1800 in the UK
SUPERMARKET chain Tesco has announced it is selling 13 of its 1800 UK stores to help fund its international expansion.
Scotsman Friday, August 22, 2008

Fayre prices proving palatable
BAR restaurant group Brewer's Fayre said today a discounted food offer had helped it improve sales.
Scotsman Friday, August 22, 2008

Prostrakan reduces its losses
PROSTRAKAN, the Scottish pharmaceutical firm, said the first half of this year has been one of the most active and successful periods in its history.
Scotsman Friday, August 22, 2008

Aon agrees to buy Britain's Benfield for $1.6B
LONDON (AP) -- Aon Corp., the world's biggest insurance broker, said Friday it has agreed to buy Britain's Benfield Group Ltd. for almost $1.6 billion in cash....
The Arizona Republic Friday, August 22, 2008

Markets await Bernanke, central bankers gather
JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke tackles financial stability in a key speech on Friday but economists doubt he will provide solid clues about future policy action to calm the credit crunch.
Reuters Friday, August 22, 2008

Crude oil prices ease slightly
Crude oil prices eased slightly overnight Friday to $120.43 a barrel in New York trading as investors wondered if another run to higher prices was beginning.
Political Gateway Friday, August 22, 2008

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